The number of new foreclosure filings dropped to their lowest level in three years last month, according to RealtyTrac. RealtyTrac reported that filings were down 14% from January and 27% from February 2010, due in part to “allegations of improper foreclosure processing [dogging] the mortgage servicing industry and [disrupting] court dockets, according to James Saccacio, the firm’s ceo.
Click here to read the story from International Business Times.